Southern Bear Share Discussion Threads

[chaweewan] 23/7/2007 10:58

And how long is this 'temp. suspension' lasting? I have not received any notice of the EGM but perhaps my broker is keeping this a secret!

[mykai] 14/7/2007 08:56

I HOPE THE PRICE GOES UP which is slightly more important

[what is a login ?] 03/7/2007 13:32

I hope Southern Bear keeps its name.

[the_equaliser] 03/7/2007 12:37

Buying a profitable Co
Aswell as this Co being in profit as i remember

[liarspoker] 03/7/2007 08:49

I agree that this could be a very good deal potentially. All we can do at the moment though is just to wait and see ( again ). ;o)

[nickcduk] 03/7/2007 08:08

It does look a good deal in a hot sector. More importantly it bulks the size of the company up and therefore attracts a few more institutions in. I hope they manage to place shares at 3.5p at least. If they manage that I think shares will come back at a good premium to the current price.

[kenatbabken] 03/7/2007 08:02

The total price of £6.5 million is 8 x PBT so they hav,nt overpaid and there
should be admin cost savings,So quite a good deal

[liarspoker] 18/6/2007 12:20

Very quiet here !

Yup. :O)

[masurenguy] 18/6/2007 12:17

A transaction for 527,037 shares just went through @3.5p (looks big but it's less than £20K) but impossible to determine whether it was a Buy or a Sell. Very quiet here !

[masurenguy] 02/6/2007 16:58

Apart from the Towerinput acquisition in April there has been no newsflow since the March 8th trading statement. Looks like there were around 250,000 shares sold over the past week as small PIs probably exited on boredom !

[spangle93] 02/6/2007 16:32

Late news flash after everyone had gone home for the weekend.

"The company is delighted to announce the appointment of Grant Thornton as
Nominated Advisor with immediate effect"

Is this symptomatic of poor performance of the previous NOMAD, or just a change to a different one with a culture that's perceived as more empathic ?

[masurenguy] 21/5/2007 07:44

Very quiet here over the last couple of weeks.

[liarspoker] 09/5/2007 12:46

4 V 1

Good article on CFT in Shares Mag this week - seems as though the sector is busy. :O)

[the_equaliser] 04/5/2007 12:26

Few buys and a X trade ?

[tole] 03/5/2007 16:30

News out.
Excellent settlement price for 3.5p imv.

SOUTHERN BEAR PLC ('SOUTHERN' OR THE 'COMPANY')

Issue of Equity for Settlement of Loans Made to Towerinput Limited and Tower (Manufacturing) Limited Southern Bear plc, a company focused on the UK industrial and engineering sector, today announces that following the acquisition by its wholly owned subsidiary, Towerinput Trading Limited ("Trading"), of Towerinput Limited ("Tower") and its associated company Towerinput (Manufacturing) Limited ("Manufacturing"), the Company has agreed to settle certain liabilities of Tower and Manufacturing by the issue of new shares in the Company.

A total of 4,285,712 new Ordinary 0.5p shares will be issued in settlement of loans made to Tower and Manufacturing totaling £150,000, equivalent to an issue price of 3.5p per share. None of the parties receiving the new shares are Related Parties under the AIM Rules, nor will any party have a notifiable interest in the CompanyAn application has been made for the shares to be admitted to trading on AIM on 4 May 2007. The total number of Ordinary 0.5p shares in issue is now 134,226,813.

[tole] 03/5/2007 14:00

Better going to broker if they can do any better - Spread online at the moment for me is -

Buy 25k @ 3.92
Sell 300k @ 3.35

Wondered if this is from that 500k yesterday - could have been dropped to fill that order imv.
Maybe some more delayed trades to show nearer the close.

[liarspoker] 03/5/2007 13:19

Still 3 v 2 after that rise.

Not only can you trade closer to the mid price but you can deal in larger quantities first. For those thinking of buying in or adding I'd suggest checking quantities on a online account.

[liarspoker] 03/5/2007 11:16

MM's actually trying to create a market. Horrendous spread still though but I assume that you can still trade well within the spread.

[tole] 03/5/2007 11:15

Hello....L2 2v1 3.25-3.75

[spangle93] 02/5/2007 12:33

Price falling into top-up territory.

[liarspoker] 27/4/2007 12:34

CFT heading south for some reason.

[jakleeds] 25/4/2007 11:44

Thanks, completely missed that one.